FX.co - EUR/USD approaching support, potential bounce!

2020-04-02T08:21:42

Relevance until2020-04-03

Trading Recommendation

Entry: 1.08338

Reason for Entry: 100% Fibonacci extension, 61.8% Fibonacci retracement

Take Profit : 1.10359

Reason for Take Profit: 61.8% Fibonacci retracement, horizontal swing high resistance

Stop Loss: 1.07461

Reason for Stop loss: Horizontal swing low support, 76.4% fibonacci retracement

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ EUR/USD approaching support, potential bounce!